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34447643
34447635

2680 HAMILTON MILL RD, BUFORD, GA 30519-3604 For Sale

MI
GA: 348971, CA: 01749093
Marcus & Millichap - Atlanta
MW
GA 358728
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$5,000,000
1 day on market
Updated 1 day ago

Verizon Retail Center @ Hamilton Mill

Details
APN R1001 786
Property Type Retail
Sub Type Restaurant, Storefront (+1)
Square Footage 11,679
Net Rentable (SqFt) 11,679
Units 3
Cap Rate 5.61%
NOI $280,607
Occupancy 100%
Tenancy Multi
Brand/Tenant Verizon
Lease Type NNN
Lease Term 19.4
Lease Expiration 12/31/2030
Remaining Term 4.5
Rent Bumps Yes
Lease Options 1 x 5 Year
Pro-Forma Cap Rate 6.93%
Pro-Forma NOI $346,684
Price per SqFt $428
Year Built 2008
Year Renovated 2026
Stories 1
Acreage 1.620
Parking Spaces 67 spaces
Parking per 1,000 SqFt 5.74
Tenant Credit Corporate Guarantee
Lease Commencement 08/08/2011
Ground Lease No

Trophy, Hard Corner 3 Tenant Neighborhood Retail - Affluent Atlanta MSA Sub/Market

Marketing description

This premier retail investment occupies a trophy hard-corner location at Hamilton Mill Parkway and Sardis Church Road, just one block north of I-85, at the main entrance to the Hamilton Mill Walmart, a dominant retail anchor that ranks in the top 25% of Georgia Walmarts with 2.3 million annual visits. The property is anchored by Cellular Sales (Verizon), one of the company’s top-performing retail locations and its North Georgia sales training headquarters, further supported by an A+ BBB rating, a recently exercised second option term in 2026, and a built-in CPI rent increase in 2031. Investors benefit from immediate upside through below-market in-place rents, including a hair salon lease expiring at the end of 2026 currently paying just $13.26/SF net in a submarket with only 2.6% vacancy, while the affluent surrounding trade area boasts $140,000 average household income, 85% homeownership, $3.5 billion in annual discretionary spending within three miles, and 130,000 residents within five miles. Recent capital improvements, including a new Duro-Last TPO roof, two new HVAC units installed in 2026, and major tenant remodels for Verizon and Kitchen 121, combine with durable four-side brick construction and exceptional visibility from 37,591 vehicles per day at the intersection and 93,100 vehicles per day along I-85, positioning the asset in the heart of one of Metro Atlanta’s fastest-growing corridors near the Mall of Georgia and Lake Lanier.

Investment highlights

  • Trophy Hard Corner Location At Hamilton Mill Parkway/Sardis Church Road - One Block North Of I-85
  • Retail Hub Within Trade Area - Positioned At Main Entrance To Hamilton Mill Walmart - Top 25% For GA And 2.3M Visits Annually (Placer.Ai)
  • Cellular Sales Inc. (Verizon) - Subject Property Is Top Verizon Retail Location + North GA Sales Training Headquarters | A+ BBB Rating | Renewed 2nd Option Term In 2026 - CPI Rent Increase In 2031
  • Value Add Opportunity By Adjusting Rents To Market Upon Rollover | Hair Salon Lease Expires End Of 2026 - Currently Paying $13.26/SF Net Rent |Tight 2.6% Local Vacancy Rate
  • Affluent Northeast Atlanta Suburb | $140k Average Household Income, 85% Homeownership Rate And $3.5B Discretionary Spending Pool Annually (3-Miles) | 130k Residents (5-Miles)
  • New Duro-Last TPO Roof Installed In 2017 - 2 New HVAC Units Installed In 2026 - Major Remodel For Verizon Completed (2025) And Kitchen 121 (2026) | Durable 4 Side Brick Construction
  • Combined Traffic Counts At Signalzied Intersection Of Hamilton Mill Road/Sardis Church Road Of 37,591 +/- ADT | Interstate 85 Of 93,100 +/- ADT
  • Buford, GA Sits At The Epicenter Of One Of The Southeasts Most Explosive Growth Corridors For Industrial, Mixed Use, Residential And Instituional Grade Logistics | Adjacent To Mall Of Georgia And Lake Lanier

Listing Contacts

MI
GA: 348971, CA: 01749093
Marcus & Millichap - Atlanta
MW
GA 358728
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$280,607.00
$23,383.92/mo

Valuation Metrics

0
DSCR
5.61%
Cap Rate
5.61%
ROI

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